SBA lending record
Paragon Model Shop Inc.
10083 THOMPSON RD, Freeport, MI 49325 · Plate Work Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2026
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$400,000 — FY2026
- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Committed
- Rate at approval
- 8.75% v
- Term
- 120 mo (10 yr)
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/6/2026
- Collateral
- Required
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Paragon Model Shop Inc. in Freeport, MI (Plate Work Manufacturing). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $400K
- On record FY2026
- 12 jobs supported
- Industry: Plate Work Manufacturing
- Location: Freeport, MI
- Lender: ChoiceOne Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Paragon Model Shop Inc. your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Paragon Model Shop Inc..